Payouts

57.5% of every trading fee of a coin is allocated to the coin's holders and paid in stock tokens.

Eligibility

• Currently, every wallet that holds the coin is eligible. A balance participates from the first fee received after the balance is acquired.
• There is no minimum balance and no holding period.
• Each holder's share is proportional to its balance.
• System contracts are excluded: the pool, the fee ledger, the LP locker, the protocol modules and vaults, and the burn address.
• Governance can introduce an eligibility check for payouts with at least 48 hours' notice. Once enabled, the check cannot be disabled.

Payout process

• Fees are recorded per UTC day. Each UTC day has a single payout stock.
• USDC-quoted coins: the holders' USDC share is used to purchase the payout stock in purchase rounds. Each round is at least 100 USDC and at most the maximum single order ($1,000 since 2026-10-09). Until a round is filled, the holders' share remains accrued.
• Each UTC day's holder share is sealed after midnight UTC, then checked every 15 minutes from 00:10 UTC until it meets the minimum purchase. Check times are estimates and follow the chain clock.
• Stock-quoted coins: holders are paid directly in the quote stock. No purchase round is required.
• If a fee arrives while no wallet is eligible, it is held and released over 7 days. The 7-day period runs only while at least one wallet is eligible.

Auto-payout

• Auto-payout runs in batches each UTC day, starting no earlier than 00:10 UTC. Consecutive batches are at least 15 minutes apart.
• A wallet is paid automatically once its accrued payout reaches the threshold, which is the higher of $2 and 200 times the estimated cost per recipient.
• An accrued payout below the threshold carries over to a later day.
• The estimated cost per recipient can be changed only through a 48-hour timelock.

Claims

• You can claim at any time. Claims are not subject to the threshold or the auto-payout schedule.
• A single claim covers up to 20 days and 4 payout stocks. A longer history requires more than one claim.

Records

• Payout reports list each purchase round and each payout.
• My records lists your accrued and paid amounts.

Annualized rates shown on the site are calculated from payouts actually made over the past 7 days. They do not indicate future payouts.